Swiss prosecutors confirmed Wednesday that a criminal investigation has been opened against one of the world's largest processors of precious metals over allegations that it laundered gold obtained through war crimes.
Wednesday's approval now sends the plans to approve Maize 1507 to the EU's 28 member nations for consideration and could lead to a decision on the issue as soon as next month. EU member states have sharply diverging views on the cultivation of Genetically Modified Organisms — commonly known as GMOs.
The U.N. weather agency says concentrations of carbon dioxide pollution in the atmosphere have accelerated and reached a record high in 2012. The World Meteorological Organization says carbon dioxide was measured at 393.1 parts per million last year, up 2.2 ppm from the previous year.
BAE Systems announced plans to cut some 1,775 jobs at three shipyards, ending the building of warships in England for the first time in hundreds of years. BAE told unions it was starting the legal process to stop shipbuilding at a yard in Portsmouth in England and eliminate jobs at Govan and Scotstoun in Scotland once work is completed on two aircraft carriers in 2015.
For the first time in history, the Olympic torch will be taken on a spacewalk. The 2014 Sochi Winter Olympics torch will be sent to the International Space Station on board a Russian spacecraft this week and astronauts will then carry it outside the station. Here's a look at the Sochi torch.
The European Commission's energy chief says the bloc's executive arm will present a proposal on mandatory disaster insurance for nuclear power plants in coming weeks.Guenther Oettinger said Tuesday the proposal should be one of the first items on the European Parliament's agenda following elections in May.
The European Union's economy is expected to grow 0.5 percent over the second half of the year, leaving it flat for the whole year, and expand 1.4 percent in 2014, according to the Commission's fall forecast. Its last predictions, issued in May, had expected an economic decline of 0.1 percent in 2013.
Among the OECD's euro constituency— 14 of the 17 EU countries that use the euro are members of the OECD — the proportion trusting government fell from 49.1 to 42.8 percent over the same period. In Japan, the situation's even worse, dipping from 27 percent in 2010 to 17 percent last year.
Beijing has been trying since 2009 to cut excess production capacity, which has triggered price-cutting wars that threaten the financial health of some industries. But lower-level leaders whose promotions depend on economic development have continued to support local industries.
With a Tuesday launch planned for Mangalyaan, which means "Mars craft" in Hindi, India will attempt to become only the fourth country or group of countries to reach the red planet, after the Soviet Union, United States and Europe.
Thief River Falls, MN-based Digi-Key Corporation is a global distributor of electronic components, with over $1.5 billion in annual sales. We recently sat down Mark Larson, the company’s president, to get his thoughts on globalization, inventory management and steps that established distributors can take in helping to set themselves apart from the crowd.
The talks, initially scheduled for early October, come amid heightened political tension between the two economic giants because of European anger over the allegedly widespread online spying activities by the U.S. National Security Agency.
The investment comes on top of the 350 million euros Google Inc. has spent converting an old paper mill, which started operations as a data center in 2011. The company says the expansion will employ up to 800 engineering and construction workers at the plant, which it described as one of its most efficient data centers.
The harsh and often unsafe working conditions in Bangladesh's garment industry drew global attention after the collapse of an eight-story factory building killed more than 1,100 people in April. In another horrific case, a fire last November killed 112 workers.
Iran has launched its first submarine for tourists in the Persian Gulf waters, an all-Iranian-made undersea vehicle.State TV says the sub has been dubbed Morvarid, or Pearl in Farsi, and has the capacity to carry four people per voyage.
China said Friday it opposes the release of a WTO report about its export curbs on rare earths — exotic minerals used in mobile phones and other high-tech products — following news accounts that the document rejects Beijing's policy as a trade violation.
Japan has lifted a ban on Wisconsin poultry products that was instituted after birds in Jefferson County showed signs of exposure to avian flu. A routine inspection done four months ago found some birds had antibodies to low-pathogen avian influenza, indicating they could have been exposed to the disease.
U.S. Energy Secretary Ernest Moniz said he expects deepening cooperation with Japan over the high-stakes cleaning up and decommissioning of the crippled Fukushima nuclear plant.The Fukushima plant has had a series of mishaps in recent months, including radioactive water leaks from storage tanks.
In a report released Wednesday, the FDA says testing of imported spices between 2007 and 2010 showed that spices were twice as likely as other inspected foods to be contaminated with the pathogen. More than 80 different types of salmonella were detected.
The Obama administration has raised concerns about the value of China's currency but declined again to accuse Beijing of manipulating it. But it had sharp criticism for Germany, a traditional ally, saying that country needs to do more to rebalance growth in Europe and the global economy.
Crown Holdings is spending $1.64 billion to acquire the Spanish canning company Mivisa Envases and expand its footprint in Europe.Mivisa is the largest canner in the Iberian peninsula with sales of more than $500 million, Crown said Thursday.
The affected Serena and Suzuki Motor Corp.-branded Landy minivans are prone to ice crystals building up in their fuel pump filters, cutting the fuel supply to the engine and causing stalling or poor acceleration, according to a report it submitted to the Ministry of Land, Infrastructure, Transport and Tourism.
The number of unemployed rose by 60,000 to 19.45 million, while the jobless rate for those aged under 25 edged up to 24.1 percent from 24 percent in August, according to Eurostat, the European Union's statistics agency.
The key phrase here is "new ideas entering the market." It's not like there aren't any new ideas floating in the heads of enterprising individuals, but the ideas just don't reach the shop floor. The resources needed to bring innovative ideas to life are in short supply in U.S.
Revelations of the extent of U.S. spying on its European allies is also threatening to undermine one of President Barack Obama's top trans-Atlantic goals: a sweeping free-trade agreement that would add an estimated $138 billion (100 billion euros) a year to each economy's gross domestic product.